I remember downloading some content over IRC to share on the campus network because I knew how to use it and it was slow, but not blocked.
I had as much backed-up space as I could justify (some gigabytes by default), plenty of space for laptops where there were power sockets as well as 1Gb/s wired and fast wifi connections, personal webspace/server, a PostgreSQL database, a Tomcat server, remote SSH access to all computers and a distributed computing system (Condor).
Looking at the current guide for students[1], they also get access to a local Gitlab instance, a private IaaS cloud and a GPU cluster.
I got two urgent panicked phone calls from the same person within five minutes of each other for bulk-downloading satellite images from, if memory serves, NASA.
One of the helpdesk staff told me that it had been noticed, since the bandwidth to that machine was very high, but he unofficially liked the idea of the university being top of the seeding table, so I should leave it running :-D
[1] http://torrent.unix-ag.uni-kl.de/stats.html?info_hash=8dcb18... (but mine would have been in 2007 or so).